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SLB: Disrupting the Traditional Energy Industry Through AI Drilling Innovations
Katona, Zsolt , and Thomas Lee
Publication date: 10/1/2023, pages 1-10

SLB (formerly Schlumberger), the world’s largest oilfield services company, developed autonomous directional drilling using cloud computing and machine learning models to optimize drilling. Artificial intelligence can help reach lucrative oil and gas reserves faster - technological advances SLB said will deliver more efficient and sustainable operations. Yet, applying AI to the energy industry comes with challenges. Who should own the valuable drilling data - SLB as the oil field services provider, clients, or "the world" because data about the earth benefits the public good? How much should SLB invest in traditional drilling methods versus unproven AI-driven methods? Can SLB recoup its investments?
 


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